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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (5307)	1/5/2018 1:46:26 PM
From: The Ox	1 Recommendation Recommended By Return to Sender Read Replies (1) of 8239

VXX down +27% since the last spike quick to $36, also it's been close to 5 weeks. RSI setup is also there. Probably time to watch for another short spike soon. At some point I expect some profit taking, the only questions are when and where, sector wise. I wouldn't suggest getting out in front of this but it's starting to look ripe for a pop..... We'll see..... When I last wrote this, the last sentence held true...it took several more weeks, as it was one of the longer stretches of the latest bull run. RSI so low lately that I doubt it will be several more weeks before we see a short term spike but never say never!!! Message #5307 from The Ox at 9/16/2017 1:56:49 PM Looking at the recent patterns in VXX, a more prolonged down move might be in the setup. They appear to be roughly 5 weeks in length until there is a substantial pop/reversal. RSI(14) below or very near 30 is also a solid indicator... Maybe a few more weeks to go but still time to watch more carefully, IMO.

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